COMPLYCOUNSEL by ESQX
Time Is Running Out. File your BOI report today.
Beginning January 1, 2024, small businesses in the United States are required to report ownership information to the Financial Crimes Enforcement Network (FinCEN).
The report is required by law. Businesses registered or created before January 1, 2024 will have until January 1, 2025 to file beneficial ownership information with FinCEN.
Failure to comply can result in civil penalties of $500 per day, including criminal penalties of up to two years imprisonment and a fine up to $10,000.


